3 rd Annual North Dakota Downtown Conference Conference Welcome - - PowerPoint PPT Presentation

3rd Annual North Dakota Downtown Conference

Conference Welcome Oct 29-30, Bismarck ND Downtown Business Assoc. Of Bismarck

Bismarck Downtowners

• Created in 1906 as

Merchants Assoc.

• Reorganized as the

Downtowners in early 70s

• Incorporated in 1985
• 2 staff –Exec. Director &

Assistant Director/Marketing

• Volunteer Board of 12
• Over 180 Members

Downtown Bismarck Master Plan

Welcome! Recap--

• Downtown

Revitalization in ND

• Window of Opportunity
• Quality of Life Will Set

Apart

• Tax Efficiencies Make A

Good Investment

• Smart Growth Catching
• n in ND

Downtown Progress in ND

Why Urban Growth Has Higher ROI

• Sustainable Growth

– Recycle streets and public utilities – Walkability

• Leave the car in the garage

– Reduce Sprawl – Recycle Land – Recycle Buildings – Reduced Carbon Footprint

Density is our Friend

Why Downtown Housing?

Lots 72 Streets 8,160 lineal feet houses 72 Household size 2.5 Residents 180 Acres 29.9 Lots 8 Streets (recycled) 1,320 lineal feet units 120 household size 1.5 residents 180 acres (recycled) 2.97

Tax revenue-per-acre (versus per lot or per household)

• Occupied by Big Box
• $8,350/year per acre
• Occupied by Premier

Mall

• $22,000/year per acre
• Downtown construction

2-3 stories

• $70-90,000 per acre

– 7-9 story $500-800k – 17 story $1.1

Soul of the Community Study

• What Attaches People to

Their Communities?

– 43k in 26 Communities – Not Jobs – Social offerings, such as entertainment venues and places to meet, – Openness (how welcoming a place is) – Aesthetics (its physical beauty and green spaces). – All things that are abundant in Downtowns

Young Professionals Priorities

• Young Professionals (Mill

& Gen Z)

• 1st: Choose a Place They

Want to Live

• 2nd: Then Get a Job There
• Premium on Work/Life

Balance

• Prefer Flexible

Hours/Locations

– Working Smarter

Trends In Housing Downtown

• Millennials & Baby

Boomers Downtown

• Overwhelmingly want

to live Downtown

– BB want to downsize and stay active – Mill. Want the social and culture opportunities, and will have smaller families and home sizes in Walkable cities

Trends- Housing Downtown

• Downtown Living
• Cities now growing

faster than suburbs/exurbs

• 30-40% of Households

want Urban Walkable neighborhoods

– Nation Only Developing 5-20% of that housing

Trending Work Spaces Downtown

• Young Professionals

Want Urban Amenities Adjacent to Work Spaces

– Walkability – Transit/Bike Options – Cultural and Entertainment Options – Live Close to Work, No Commute

Trends are Opportunities

• How Is Your Community

Taking Advantage of Demographics and Downtown Trends?

– Downtown Living – Generational Appeal – Collaborative Work Spaces – Tax & Energy Efficiencies – Tax Generation – Social & Culture Opportunities – Community building and engagement – Civic Pride – Healthy Communities – Historic Preservation

Come Hang Without With Us

• www.facebook.com/downtownbismarck
• Twitter @DowntownBisND
• www.downtownbismarck.com
• Google+ Downtown Bismarck
• Dawn Kopp:

getit@downtownbismarck.com

• Kate Herzog:

Kate@downtownbismarck.com

• Other Links:

– Congress for New Urbanism – http://www.cnu.org/ – Better Cities & Towns – http://bettercities.net/ – Knight Foundation “Soul of the Community Project” – http://www.soulofthecommunity.org/ – Strong Towns – http://www.strongtowns.org/

Conference Day 1

Conference Day 2- AM

Conference Day 2-PM